Arcus/RREEF in rejected bid for UK ports

Arcus European Infrastructure Fund, RREEF and Peel Ports have attempted to acquire UK ports operator Forth Ports for £612m. But Forth Ports has rejected the offer, saying it undervalues its business. The consortium is considering a higher bid with Peel Group mulling the sale of a stake in its airports business to help shore up any future bid.

To view this content, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

Register now to access this content and more for free.

Share this